Phoenix Plastic Inc. has accumulated the following data over a six-month period: Separate the machine-related costs into

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Phoenix Plastic Inc. has accumulated the following data over a six-month period:

Separate the machine-related costs into their fixed and variable components, using the high-lowmethod.

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Principles of Cost Accounting

ISBN: 978-1133187868

16th edition

Authors: Edward J. Vanderbeck

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Question Posted: May 05, 2014 10:50 AM

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Phoenix Plastic Inc. has accumulated the following data over a six-month period: Separate the machine-related costs into

Question:

Machine Hours 700 Machine-Related Costs $10,000 12,000 15,000 17,000 20,000 22,000 $96,000 January April.. May June... 1,100 1,300 1,500

Step by Step Answer:

Hours Cost High volume 1700 22000 Low volume 700 10000 Change 100...View the full answer

Principles of Cost Accounting

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